Family strife is horrible for everyone involved, and often spills over into estate planning, with hurled threats of “I’ll cut you out of my will” not uncommon for feuding families. If you find yourself in the unfortunate position of having family conflict lead to estranged loved ones and changes estate plans, know these changes often […]
estate administration
If I Leave Someone My Home, What Do They Really Get? From Austin estate Planning Attorney Liz Nielsen
Your home is likely one of your most valuable assets, if not the most valuable one you own. Calling it an asset can feel cold. A home is more than materials and possessions. It’s where we live, gather, create stories, and share lasting memories. But legally, your home is a combination of property types and […]
Equal or Fair Distributions: Thoughtful Estate Planning from Austin Estate Planning Attorney Liz Nielsen
Parents generally try to treat all their children fairly. We often assume that fairness means leaving an equal inheritance to each child. However, when it comes to an estate plan “fair” does not always mean “equal.” A thoughtful estate plan considers each child’s unique circumstances to create distributions that truly support their needs. Situations of […]
Homestead Exemptions and Estate Planning from Austin Estate Planning Attorney Liz Nielsen
The term homestead may seem like a throwback to pioneer days, but homestead exemption laws are directly relevant to today’s estate planning and can play a valuable role in a modern plan. Almost every state has some form of homestead exemption law primarily focused on reducing property taxes and protecting home equity from creditors. While the […]